Credit card companies are readjusting interest rates and the amount of annual fees. Should this be allowed or should the Government limit the discretion of the credit card companies. How should the Federal Reserve Bank exercise its authority in this matter.© BrainMass Inc. brainmass.com March 4, 2021, 10:31 pm ad1c9bdddf
Because the Federal Reserve has regulatory and supervisory duties over banking, and since they are a part of the federal government, they ...
This solution helps describe the Federal Reserve's involvement in credit card adjustments.